ribbon-finance logo
Ribbon Finance
RBN
$0.50

Sector

Derivatives

Exchange Debut

2021-05-24

Market Cap

84,558,996

Maxim Supply

1,000,000,000

Circulating Supply

167,652,625

Circ. Supply(%)

16.77%
ribbon-finance logo

Ribbon Finance

RBN

Price

$0.50

Market Cap

Sector

Exchange Debut

84,558,996
2021-05-24

Volume 24h

High 24h

Low 24h

1491682
0.52327416177
0.500385818349

Change 24h

Change 7d

Change 30d

0.0633
3.7925
-43.4345

Maxim supply

Circulating supply

Circulating supply(%)

1,000,000,000
167,652,625
16.77%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ribbon Finance – RBN cryptocurrency:

 

Ribbon Finance – RBN, a crypto project leveraging financial engineering to offer structured products for sustainable yield, particularly through automated options strategies, presents a mixed picture in its fundamental analysis. This decentralized finance (DeFi) platform combines derivatives for risk-return balance, with products like Theta Vault for ETH yield enhancement. However, its overall score of 4.57 out of 10 in the fundamental analysis of the Ribbon Finance – RBN cryptocurrency suggests significant areas for improvement across various dimensions.

SOCIAL & MASS MEDIA: Score 6.5 out of 10

The project shows moderate success in social and mass media engagement. It boasts a strong community presence on social media pages and chat groups, evident in high scores of 8 and 10 respectively. However, its ability to attract followers and the activities of social media administrators lag behind, reflected in lower scores of 3 and 5. These mixed results indicate potential yet untapped in leveraging social media for broader outreach and engagement.

AUDIT & SECURITY: Score 4.63 out of 10

Audit and security, crucial for any crypto project, appear to be areas of concern for Ribbon Finance. The project scores moderately in audit results but shows weaker performance in transparency and liquidity on exchanges. This suggests a need for enhanced security measures and better public information dissemination to build trust among users and investors.

TOKENOMICS: Score 7.1 out of 10

Ribbon Finance’s token economy is one of its stronger aspects. The project scores highly in controlling inflation, suggesting a well-managed token supply. However, the centralization of this monetary mass raises concerns, as indicated by a lower score. Balancing decentralization with efficient management remains a challenge for the project.

ECOSYSTEM DEVELOPMENT: Score 3.1 out of 10

The project’s ecosystem development is notably lagging, with low scores in achieving objectives and planning new developments. This indicates a need for a more focused and strategic approach to meet set goals and innovate within the DeFi space.

TEAM & DEVELOPERS: Score 3.6 out of 10

The team behind Ribbon Finance, while competent, shows room for improvement in experience and size. A score of 3.5 for team experience and 4 for the number of software developers suggests a need for bolstering the team’s expertise and capacity to drive the project forward.

PRODUCT & UTILITY: Score 3.2 out of 10

The utility of Ribbon Finance’s products and tokens within its ecosystem needs significant enhancement. While the product utility scores a 4, the token utility is lower at 2, indicating that the project’s offerings may not be fully aligned with market needs or user expectations.

PARTNERS & INVESTORS: Score 4.5 out of 10

Ribbon Finance has a moderate level of support from partners and investors. The score of 6 for investor capacity is promising, but the quality and number of partners, scoring only 3, highlight an area that could be improved for greater project support and collaborations.

Fundamental analysis of the Ribbon Finance-RBN cryptocurrency – The final conclusion

In conclusion, Ribbon Finance – RBN’s innovative approach in DeFi structured products shows promise but is hindered by several challenges as revealed in the fundamental analysis. The project’s moderate success in social media engagement and tokenomics is overshadowed by concerns in ecosystem development, team expertise, product utility, and partnerships. These factors contribute to a relatively low overall score, suggesting caution for potential investors. Risk analysis indicates the need for significant improvements in security, transparency, and development strategy to enhance investment attractiveness. The project’s future hinges on addressing these key areas to realize its potential in the DeFi space.

What is Ribbon Finance-RBN?

 

Ribbon Finance is a pioneering suite in the DeFi sector, focused on offering crypto structured products. Its core operation involves the use of financial engineering to craft structured products aimed at delivering sustainable yield. These products are designed around various DeFi derivatives, enhancing flexibility and yield potential.

Theta Vaults and Structured Products

A notable innovation by Ribbon is the Theta Vault, which employs automated options strategies like covered call strategies to generate high yield on ETH. This strategy involves selling out-of-the-money call options weekly. While there is a risk of potential upside loss in exchange for guaranteed yield, the vault’s strategy of using very out-of-the-money options minimizes the chances of these options being exercised.

Ribbon’s Diverse Product Range

Ribbon has introduced a variety of products, each tailored to different investor needs:

  1. Theta Vaults (DOVs): Invented in 2021, these vaults trade volatility by selling European options with weekly expirations. The earned premiums are reinvested, compounding returns over time.
  2. Ribbon Earn: This includes vaults like Earn USDC and Earn stETH, employing strategies to capitalize on ETH price movements and ensuring capital protection.
  3. Ribbon Treasury: Specifically for DAOs, these private Theta vaults enable DAOs to run covered calls on their native tokens, offering custom strategies and parameters like strike selection and premium currency.

Security and Accessibility

Ribbon Finance ensures the security of its smart contracts through audits by reputable firms like OpenZeppelin and Peckshield. It also encourages users to exercise caution with their investments.

Fundamental analysis of the Ribbon Finance-RBN cryptocurrency

Ribbon Finance - RBN performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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stader
SCORE: 6.48
RATING: Good